Bill File

HB 632 builds on Hawaii's already existing renewable portfolio standards, and sets a goal of 100% renewable energy for public utilities sales by 2045. As long as moving towards renewable energy remains beneficial to Hawaii's economy, electric customers, and overall affordability, this bill creates a timeline for electric utility companies to increase their RPS over time. Upcoming goals include 25 percent renewables by 2020, 40 percent renewables by 2030, and 70 percent renewables by 2040. This act also requires that Hawaii's Public Utility Commission contract institutions to implement independent studies to assess the impacts of renewables. These studies will focus on topics such as impact on consumer pay, utility system reliability, demographics, and costs of fossil fuel volatility.